Hey everyone, we’re starting a new series called Inside Zerodha. The idea with the series is to you give you a window into everything we are doing at Zerodha, talk about all our products, answer queries that you might have about using our platforms, give you a window into what it takes to run a brokerage and more.
I read an earlier thread where nithin mentioned that his brother runs a prop trading desk under a secondary membership. Is it possible to join that company as a trader? (Assuming you are already profitable off course)
Nikhil runs https://www.truebeacon.com/. If you have a positive track record you can write to them with your performance and an overview of your trading strategy.
A very interesting episode. Looking forward to the rest of the series.
One question though - what is the story behind the name ‘zerodha’?
You mentioned that zero brokerage (for equity delivery) in your 5th year. So, why zerodha?
@nithin you mentioned that there is always an insider in stocks who knows little more , but how does it affect me , i mean if i am on the right side of the trade maybe that insider is indirectly helping me , and if i am on the wrong side maybe that insider who starts buying or selling before me will help preventing gaps which is again good for me. (I am not talking about penny stock or operators).
Got to know many things from the man himself about Zerodha…
Really inspiring to know about Zerodha’s journey.
I wish and hope you will continue to inspire and grow much bigger and keep the core values intact.
If by AUM you mean the total value of client securities sitting in their Demat account- it is > Rs 50,000 crores (at the current Nifty around 13000 levels).
It doesn’t affect you if you are investing for the long term. If the insider is invested, you are on the right side of the investor.
But unlike investing, trading F&O or intraday is a zero-sum game. Someone has to make money for someone to lose. So you can potentially be either in the same direction or against the insider if any.
I had a suggestion. Would it be possible to feature statistics like these on Zerodha’s homepage itself (besides other stats like total customers)? Statistics like these could further convince users to become Zerodha’s customers.
